If there is one thing is this life that I enjoy, that is being right. Over the weekend we saw the crossover of the 100 and 200 day moving averages. As I’ve been harping on about for the past few days, this is a key technical indicator that is used by HFTA’s and human traders … More Bitcoin Price Analysis 13 May
Bitcoin continues is rapid climb upward, after crossing to the upside of $6000 (global average) yesterday. This morning, price is up over 2.5% since yesterday. Price on Bitfinex is currently trading at $6430, with the global XBX index trading at $6320. Price action continues to break through overhead resistance levels on Bitfinex (blue and green … More Bitcoin Price Analysis 10 May 2019
Yesterday was election day in South Africa, so please excuse my lack of an article. I hope all South Africans around the world came out and voted and put your X next to the most crypto-friendly party. Needless to say, South Africa is in dire need of political change of the free-market variety. Over … More Bitcoin Price Analysis 9 May 2019
The uptrend continues. After 2 days of price declines, following over a week of gains, BTC spiked sharply upwards in the early hours of this morning. Price on Bitfinex is substantially higher than the average, but is trading around $6225. Up 3% from yesterday. The average price, as per Coinmarketcap is $5925 with a market … More Bitcoin Price Analysis 7 May 2019
It was an exciting weekend in the Bitcoin markets, with price action reaching as high as $6190 on Bitfinex, after starting Friday at $5700. Friday and Saturday both produced green candles while Sunday and this morning have produced consecutive retracements. Price action is currently trading around $5950. Important to note is that price action is … More Bitcoin Price Analysis 6 May 2019
After a long hiatus from writing my daily price analysis on my personal blog, I’ve decided to start things up again. As you may know, I used to write my daily analysis for a popular financial website, however we have since parted ways. The bear market has also made things rather boring, but that seems … More Bitcoin Price Analysis 3 May 2019
The top stories in crypto-related news over the past few days are: Mexican government reveals their blockchain project to track government contracts and tenders. Central bank researchers debate the utility of a central bank issued cryptocurrency at the recent Deconomy event. South Korean regulators order local exchanges to revise their user agreements, in the latest … More Bitcoin Price Analysis 5 April
The top stories in crypto-related news over the past few days are: Processor manufacturing giant, Intel, has filed a patent for a Bitcoin mining hardware accelerator, allegedly 36% more energy efficient. US health insurance companies Humana and UnitedHealth launch a blockchain pilot for the health insurance industry, aimed at improving the quality of healthcare data. … More Bitcoin Price Analysis 4 April
The top stories in crypto-related news over the past few days are: Chinese state owned energy company, Sinochem, completes first gasoline export over the blockchain. The South Korean capital of Seoul is developing its own cryptocurrency called S-coin, to be used in bureaucratic administration and welfare payments. MailChimp, the email service provider, has started blocking … More Bitcoin Price Analysis 3 April
The top stories in crypto-related news today are: Japanese regulators step up oversight of crypto exchanges, leading to an additional two ceasing operations. Dankse Bank will not stop credit card purchases of cryptocurrencies, but does not allow crypto trading on its platforms. B3i, a consortium of global insurance companies which develops blockchain solutions for the … More Bitcoin Price Analysis 29 March
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